“The Democrats and Obama are destroying Medicare,” said Jim Martin, chairman of the group that dubs itself as the conservative alternative to the more mainstream seniors’ lobbying group, AARP. “It’s time to put an end to their ‘mediscare’ tactics. The reality is that Medicare in its current form is going to bankrupt our nation.”

The 30-second ad heavily features House Budget Committee chairman Ryan and the group will spend $1.4 billion to run the ad on national cable television and local markets in Florida and Ohio.

Medicare has become one of the chief issues of contention in budget negotiations between the White House, Republicans and Democrats. Under Ryan’s plan, starting in 2022, new Medicare beneficiaries would be subsidized for their plans instead of having the federal government pay them for each service, as it currently does. An individual’s income would determine how much money they are allocated.

The plan has yet to be digested by Americans. A CNN/Opinion Research Corporation survey released earlier this month found that 58 percent of Americans oppose Ryan’s plan and 56 percent think it would be harmful to senior citizens.

Lawmakers are also looking at ways to reform Social Security, the fund for which will post a net deficit this year for the first time since the 1980s. The Congressional Budget Office has estimated that the Social Security reserve will completely run out of funds by 2037.

The Wall Street Journal reported earlier Friday that the AARP, the largest lobbying group for senior citizens, was dropping its longtime opposition to the cuts. The report triggered much backlash, but the group adamantly denied that’s the case and called the story “misleading.”

ABC News(WASHINGTON) -- The same Republican-leaning group that attacked Democrats for cutting Medicare during last year’s campaign is this year thanking Republicans for voting for the Paul Ryan budget – a proposal that would phase out Medicare altogether for those under 55 years of age.

Jim Martin, president of the 60 Plus Association, told ABC News on Wednesday that he’s “being factual” by attacking Democrats and defending Republicans, since – he claims – Democrats supported “ending Medicare as we know it” last year by supporting $500 billion in future cuts to the program as part of President Obama’s health care law.

“‘Ending Medicare as we know it’ is the main talking point now of everybody now from the president in the White House to every Democrat on Capitol Hill,” Martin said. “Ending Medicare as we know it happened a year ago in March, when Obamacare passed. Because it radically changed Medicare as we seniors know it by cutting a half a trillion dollars out of Medicare.”

“There's a huge doctor shortage on the horizon. And already rationing has started. I can name you one drug, it's a breast cancer drug called Avastin that has already been declassified by the FDA because of cost and cost alone. That is -- Medicare as we know it changed radically a year ago.”

It’s “absolutely true” that House Budget Chairman Paul Ryan’s plan phases out Medicare for those who are under 55, Martin said. But “at least [Ryan is] trying to save Medicare for the future.”

“If you do nothing instead of being on the path to prosperity, as Mr. Ryan likes to say, we're going to be on the road to ruin with Medicare. Everybody knows it's going under because of the huge cost involved.”

Martin also attacked Democratic-aligned groups for distorting elements of the Ryan plan: “It's time to stop this. It's shameful. And it's time to stop those tactics.”